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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

Corporate Affairs Ministry may look into EY on whistleblower’s allegation of manipulation in Byju’s insolvency case

The Ministry of Corporate Affairs may look into a whistleblower’s allegation against accounting firm EY in a case related to education tech startup Byju’s insolvency process. The whistleblower has come forward with allegations, claiming that the insolvency process of Byju’s was manipulated by US-based lender GLAS Trust with the collusion of EY India and Interim…

Rs 237-cr resolution plan for Leo Meridian Infrastructure

The National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the resolution plan for Leo Meridian Infrastructure Projects & Hotels Ltd. (Corporate Debtor) submitted by Jalavihar Entertainment Private Limited Consortium (JEPL Consortium/SRA). The plan, amounting to ₹237 crores, was approved by the Committee of Creditors (CoC) with a 100% voting share. Background: The Corporate Insolvency Resolution Process (CIRP) against…